German Development Agency
Leads Flurry of New Offerings

NEW YORK -- Hearkening back to the early months of the year, the high-grade bond market saw a flurry of activity Thursday morning with almost $4.5 billion hitting the primary market.

The largest deal of which came from the German development agency Kreditanstalt fuer Wiederaufbau, or KFW International Finance, in the amount of $2 billion. The five-year global issue was priced to yield 0.69 percentage points over the five-year...